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Axis Bank Ltd slips for fifth straight session

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Capital Market

Axis Bank Ltd is quoting at Rs 353.65, down 0.24% on the day as on 13:24 IST on the NSE. The stock tumbled 54.25% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

Axis Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 353.65, down 0.24% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 8945.7. The Sensex is at 30372.19, up 0.58%.Axis Bank Ltd has lost around 15.93% in last one month.Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has eased around 9.81% in last one month and is currently quoting at 17486.25, up 0.11% on the day. The volume in the stock stood at 180.89 lakh shares today, compared to the daily average of 406.47 lakh shares in last one month.

 

The benchmark May futures contract for the stock is quoting at Rs 353.45, down 0.13% on the day. Axis Bank Ltd tumbled 54.25% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

The PE of the stock is 61.47 based on TTM earnings ending March 20.

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First Published: May 20 2020 | 1:35 PM IST

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